One of the fastest growing reasons to visit the Outer Banks during the winter, is the Outer Banks Taste of the Beach.  The annual showcase of local restaurant talent is being run from March 11th to 14th.

This is definitely a 4 day weekend to be in the OBX.  For more information on the OBX Taste of the Beach, visit their website.  Here is a list of events for the 4 days. 

 

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This is a really intriguing article on the family that owns the Nags Head Bowling Center.  

 

Kin of 'Silent Night' writer run Outer Banks bowling alley

By Mike Gruss
The Virginian-Pilot

 

Nags Head, N.C. - It's league night at Nags Head Bowling, and the Outer Banks hangout is ready for the holidays.

A Toys for Tots box greets visitors at the door. Animated snow floats through the overhead score projectors. And the chorus of rolling balls and crashing pins is accompanied by a stream of piped-in Christmas music.

When Richard Mohr is listening, one carol might make him cry.

"I can't put my fingers on it," he says from a back office. "It's like how 'The Star-Spangled Banner' is for some people."

Mohr is talking about "Silent Night," a…

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Took advantage of this sunny January day to take a quick hike through Nags Head Woods.  Below are a couple pictures from my quick walk.

Though there is some ice it is quickly melting with the temperatures rising into the low 40's.  More like an average day in January along the Outer Banks instead of the Arctic chill we have been under for the better part of two weeks.

 

Nags Head Woods Pictures

 

nags_head_woods_small_pond 

 

 

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Though only 22 homes in Duck were sold during the 4th quarter, October 1, 2009 to December 31, 2009, the average sold home price was an outstanding $717,800.  A total of $15,791,600 was sold during the quarter. 

5 luxury homes, homes over $1,000,000, were sold during the quarter with 2 breaking the $2,000,000 barrier.  The breakdown of residential sales were: 2 condos, 2 co-ownerships, and 18 single family homes.  The only negative for those looking to sell their home in Duck is the average home took 268 days to be sold.  

 

Duck 4th Quarter Sold Homes

 

Price Address Beds Full Baths Partial Baths Subdivision
$1,000,000  102  Amy Lane 6 6 2  Amy Acres

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Below is a compilation of Outer Banks market statistics from January 1 until December 31, 2009.  As you will see 2009 saw a higher number of sold homes than 2008, but they were for an lower average price.  For those looking to buy real estate in the Outer Banks, this is an encouraging sign.

Lower prices and higher volume can often signal a market that is getting stronger.  One of factors that drove the total dollar amount of real estate sold, was the number of foreclosures that were bought along the Outer Banks.  We saw 160 Outer Banks foreclosures sold in 2009 with an average sale price of $328,983.  The average sale price of an OBX foreclosure was almost $78,000 less that the average non bank owned home.  

Whether of not we are at the bottom of the…

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Like much of the US, commercial real estate had a slow year along the Outer Banks.  We saw only 19 commercial properties change hands.  For those looking, there are great opportunities in Outer Banks businesses for sale, one niche of the market that continues to have strong interest is, OBX restaurants for sale.  

 

 

2009 Year End Outer Banks Commercial Real Estate Report

 

 

Type Price Address City
Retail $127,500  520-E  Old Stoney Road Corolla
Retail $250,000  25  Lazy Lane Engelhard
Other $160,000  53203  Delmer Willis Road Frisco
Restaurant $150,000  53060  NC 12 Highway Frisco
Gas

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Below are the sold home statistics for the 4th quarter, October 1 - December 31, 2009, for Kitty Hawk.  

 

Kitty Hawk 4th Quarter 2009 - Sold Homes

 

Price Address Beds Full Baths Partial Baths Subdivision
$153,000  2009  Wrightsville Boulevard 1 1 0  Banks Condos
$574,500  202  Harbour Bay Drive 4 3 1  Harbour Bay
$277,000  201  Ascension Drive 5 5 1  Kitty Dunes Hgt
$570,000  4319  Lindbergh Avenue 4 3 2  Kitty Hawk Beach
$208,000  3940  Tarkle Ridge Drive 3 2 0  Kitty Hawk Landing
$265,000  4271 …

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Here is a really interesting article about the Outer Banks and especially the Cape Hatteras National Seashore.  It is from the National Parks Traveler blog. 

The bottom of the article gives information on a free program on January 20th at 7:00pm in the Salvo Volunteer Fire Station.  For those that love history and the Outer Banks, it should be something not to miss.

 

Torpedo Junction—Shipwrecks of WWI and WWII—Featured in Program at Cape Hatteras National Seashore

 

Cape Hatteras and the Outer Banks of North Carolina have long been known as the "Graveyard of the Atlantic," and among the more than 1,000 vessels believed to have been lost in the area are some from World Wars I and II. They'll be the subject of a talk near the park on January 20.

Not…

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The 4th quarter of 2009 in Corolla, was strong with just over $28,000,000 in real estate sold.  A very encouraging sign is the increased sales throughout the many communities in Corolla.  Homes in Pine Island sold strong with 4 homes over $1,000,000 selling.  We also saw a home sell for as high as $2,400,000.  Besides having 4 homes sold over $1,000,000 Pine Island was the Corolla community with the most homes sold. Both those are good signs for the strengthening of the Corolla luxury home market.

The rest of the sold homes were pretty well divided with Corolla Light, Whalehead Club, The Currituck Club, and Ocean Sands each having 5 homes sold.  It looks like the 1st quarter of 2010 could be interesting with the coming spring buying season.    

 

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Here is an excellent article from the Viriginia-Pilot about the NC Aquarium in Manteo.  The aquarium is getting some new sharks for the, "Graveyard of the Atlantic" tank.  Another great reason to visit the aquarium.

 

 N.C. aquarium, now with more teeth

By Catherine Kozak

 

ROANOKE ISLAND, N.C. - Snaggle-toothed, graceful and sleek, the 300-pound sand tiger shark is the star of the "Graveyard of the Atlantic" exhibit at the North Carolina Aquarium on Roanoke Island.

It's not just because the powerful predator is the biggest resident of the 285,000-gallon tank. It' s because it's a shark.

Now the shark has a few more companions. And more are on the way.

This summer, visitors at the Roanoke Island facility will be seeing a lot more of the…

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